Overview
New informed consent obligations for general insurance brokers will take effect on 10 July 2025. These obligations were introduced in response to recommendations made under the Quality of Advice Review and represent a significant change for brokers who provide personal advice to retail clients.
Why You Should Attend:
From the commencement date, brokers who provide personal advice to retail clients will be required to obtain their client's informed consent before receiving commission or monetary benefit in connection with the sale or issuing of certain general insurance, life insurance and consumer credit insurance products.
Join us on Monday, 26 May for the first webinar of an upcoming series, 'In Practice: Informed Consent', where a panel of industry experts will help break down what the new informed consent laws are, who they apply to, and what they mean for brokers in practice, followed by an online Q&A session.
Attendees will hear from notable panelists, including Paul Muir, Managing Director of Compliance Advocacy Solutions, Tetiana George, CEO of Curium, and Allyssa Hextell, Head of Policy & Advocacy at NIBA. The panel will be moderated by Richard Klipin, CEO of NIBA.
Who Should Attend:
This session is essential for brokers, compliance managers preparing for implementation, those involved in the delivery of personal advice to retail clients, and those who are uncertain if the new laws apply to them.
Key Takeaways:
- Understand the new informed consent obligations
- Insights into how these changes emerged from the Quality of Advice Review
- Know what these obligations mean for you in practice
- Get clarity and certainty whether these obligations apply to you
- Guidance on being prepared prior to the new obligations taking effect
